Mar 09 Watch Obama Team Slow to Fill Vacancies in Treasury, Other Agencies A large number of sub-Cabinet positions across the federal government have yet to be filled, as the Obama administration carefully vets candidates for the Treasury Department and other agencies. A public service professor and New York Times reporter give an… Continue watching
Mar 03 Watch Government Officials Defend Economic Recovery Plans Facing criticism from some lawmakers, government officials defended their economic recovery plans. Kwame Holman reports. Continue watching
Mar 03 Bernanke Defends AIG Rescue, Urges Quick Moves on Economy By Admin, PBS News Hour Federal Reserve Chairman Ben Bernanke advised moving "aggressively" to ease the economic crisis during testimony to lawmakers Tuesday while defending the government's latest moves to prop up troubled insurance giant American International Group. Continue reading
Feb 23 Regulators Move to Revamp Program to Boost Troubled Banks By PBS News Hour Federal regulators said Monday they are prepared to launch a revamped program to bolster troubled U.S. banks, including the option of increasing government ownership in financial institutions. Continue reading
Feb 20 Watch Stocks Markets Plummet Further in U.S. and Abroad Global markets sank and the Dow Jones industrial average sank to a six-year low on fears over bleak job reports and the fragile state of the economy. Kwame Holman reports. Continue watching
Feb 18 Obama Unveils $75 Billion Mortgage Plan By PBS News Hour One day after signing a $787 billion stimulus bill into law, President Barack Obama outlined a $75 billion plan to help stem foreclosures, which is at the heart of the nation's deepening economic woes. Continue reading
Feb 10 Watch Geithner Revamps Bank Rescue Plan The Treasury Department outlined an overhaul of the financial rescue plan Tuesday as the stimulus bill moved forward. Economists and analysts react to the developments. Continue watching
Jan 09 Watch Report Faults Lax Oversight of Treasury’s Bailout Funds A congressional panel has criticized the Treasury Department's oversight of the $700 billion financial industry bailout. The panel's report says the rescue funds have failed to alleviate the foreclosure crisis and the department has not kept a thorough record of… Continue watching
Dec 23 Watch Report Unearths Regulatory Failures in IndyMac Case Financial regulatory efforts apparently failed in the case of IndyMac, which was reportedly allowed to alter records to appear stronger than it was shortly before the sub-prime meltdown. Analysts take a closer look. Continue watching
Dec 04 Watch Treasury Considers New Plan to Push Mortgage Rates Lower, Boost Home Sales In an effort to boost the economy, Treasury Department officials are considering a plan to push mortgage rates lower. Reporters and analysts weigh the pros and cons of such a move. Continue watching